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was as great a man as i have ever seen. the historical weight of this long overdue monument reminds us that we must be lifters' now. in the 1960's as today, divisiveness was based on fear and prejudice and misinformation. now with the cost and 24 hour news cycle, the power of misinformation has increased. we must remind ourselves that intelligence drums in ignorance every time -- trumps ignorance every time. when given the facts, people make good decisions. that leads to a problem dr. king faced 50 years ago, one that is worse today and that is the court for visitation, the politicization and the trivialization of the news. dr. king once spoke candidly with me about the news coverage of the civil rights movement. nationwide especially in cities like jackson. there was a little news coverage at all anywhere. he was also concerned that southern affiliate's stations would persuade the networks to tone down if not eliminate coverage that went out to the rest of the country. at the time, frankly, i did not feel his concerns were warranted. the than owners of my network in my bosses in new york work
above water faster. they will still be able to take advantage using a 30-year fixed- rate mortgage. if they do that, there will be a risk-based the assessment, but with that fee, we are lowering the fees relative to where they have been for this program. we are finalizing what the new fee structure will look like, but they will be lower. we have to charge these fees because, in fact, by getting into a 30-year mortgage, extending the term from where they are today, and that means especially if they are underwater, that means that fannie mae and freddie mac will be carrying that risk for a longer time, even though the borrowers exhibited a strong capacity and desire to repay their mortgage. >> following up with >> we are seeing a scarcity of buyers at a time when banks are selling more and more properties or closures and distress sales. that will probably be lower during the winter months. last month, york agency solicited 4000 comments from the public on how to convert some of those potential foreclosures into homes that could be rented out, some kind of a joint venture with investo
events from the c-span television networks. if you are in washington, d.c., listen to us 90.1 fm. you can also listen on our iphone and blackberry apps. we are now in our 15th year. >> the chairman of the house armed services committee, representative buck mckeon. we have two reporters here to help us with questions. john donnelly is a senior writer and editor of "congressional quarterly." charles is from politico. >> good morning. the first question -- the big question in washington is obviously the budget situation. with regards to the defense budget, a law passed would cap senate appropriations of the next 10 years in a way that your committee and the pentagon said would reduce defense spending by $464 billion. you have said that is enough. my question is, if the super- committee puts the bill before the floor of the house that would cut defense any further than that, will you vote no? how many of your colleagues do you think would join you? >> it is hard to predict how would vote. i would probably vote no. that is depending on what the rest of the packages. i have told the world -- i
that $464 -- we are using $465. i hear there is $489 now. this has all happened very quickly in the last year. we believe we need a strong defense. in my lifetime, i have seen us cut back after every war. we cut back the military greatly, it seems like so we won't be prepared for the next one. each time you do that, when you have to ramp up and we are attacked, it is very costly, both in treasure and in blood. we use all -- lose a lot of people unnecessarily. after the last election, people came and said everything needs to be on the table. the budget situation is terrific. we have to cut drastically. this is a situation we built up over decades. it's going to be very hard to fix it in one budget cycle. i understood, at of the defense budget the size that it is, we should be able to find -- out of a defense budget of the size that it is, we should be able to find cuts. i think this is cutting more than that. -- fat. it is cutting into muscle. i have said i think we can live with that. secretary panetta says he thinks he can live with that. the chiefs have said they think they can live wi
we are joined by senator tom harkin. two reporters are here to help us. if i could just begin with a first question. you've unveiled a new education bill. it would reform the no child left behind requirement that all students be proficient in math and reading by 2014. what does your bill require instead? >> the most important thing about the bill is it gets rid of no child left behind. it casts read of that ayp that has not worked. it has not worked and it has been a terrible burden on schools. it replaces it with a focus on the lowest performing schools. in the past, the federal government tried to do everything. cover all the schools. we do not have the resources to do that and it did not work very well. we have made the federal footprint smaller, but more powerful. we will focus on the bottom 5%, the lowest performing schools. and the bottom 5% of the highest achievement gap schools in the country. that is where we are going to focus our federal intervention. then we say to the states, ok, we will partner with you. you know how the other 95%. here are some accountability st
-related projects. that is live at 7:00 eastern here on c-span. >> it joining us on the " newsmakers" is pete sessions of dallas tx and head of the republican campaign committee. joining us for the questioning is jessica taylor from "national journal" and alex eisenstaedt from "politico." a poll from earlier indicates 14% of the american people approve of the job congress is doing. how do you get republicans reelected? >> there is a lot of gridlock in washington. the republican-led house has passed a lot of bills, the democrat-led senate has done very little. the president is up on the hill or around the country proposing his agenda. it does not look like we are achieving a lot. the facts of the case is republicans have a plan and the democrats have a plan to the president's agenda. we do not agree on raising taxes. we do not agree on the epa and its assault on employers. we are concerned about the threat of higher taxation. it means republicans are attempting to craft our ideas and work with the president when we find common ground. we found common ground yesterday and the day before as we p
water a lot faster. this is as option. borrowers can still take advantage of harp using a 30-year fixed rate mortgage. if they do, there will be a risk based fee assessed with it but we're lowering the fees relative to where they have been in this program. we are finalizing what the new fee structure will look like but made clear they will be lower. we have to charge the fees because in fact by getting into a 30-year mortgage the borrower is extending the term from where they are today and that manassas especially if they are -- if they are under water that means fannie mae and freddie mac will be carrying it a longer period of time even though the borrower demonstrated a desire to repay the mortgage. >> the housing market we are seeing a scarcity of bears when banks are selling more foreclosures and distressed sales and that will probably price lower during the winter. last month your agency solicited 4,000 comments from the public on how to convert some of those potential foreclosures into homes that could be rented out possibly through a hit-and-run vent with private investors. i'm w
preferences. the question will be, for our republican colleagues, is whether they're willing to use some of that to reduce the deficit. after all, if you are willing to -- if cutting a program and committing to deficit reduction is not different than cutting a tax expenditure and applying that to deficit reduction. i hope the common effort will be to meet the goals of deficit reduction. in the larger context of trying to do something now for jobs in the economy. >> do you really think you have time to do a broad tax reform? i ever did lot of talk about the scenario where part of this bill is you'd tell the finance committee, the ways and means committee, you have to come up with this entitlement package and tax reform package by a later date. kicking the can a little bit farther down the road. are you guys already looking at that scenario, let's have a fallback position? >> let's put it this way, the scenario you outlined is certainly a possibility. the focus now is to see how much we think we can get done. it may well be that you would try to do something now as a down payment. you coul
Search Results 0 to 9 of about 10 (some duplicates have been removed)